Dollar Tree Inc (NASDAQ: DLTR) has reported earnings for its third fiscal quarter (ending October 31) of $0.97 versus $1.20 for the same period a year ago — a decline of -19%. E.P.S. were $5.28 for the latest four quarters through October 31 versus $7.22 for the same period a year ago — a decline of -27%.
Recent Price Action
On 11/29/23, Dollar Tree Inc (NASDAQ: DLTR) stock enjoyed a large increase of 4.4%, closing at $121.12. Moreover, trading volume in this advance was exceptionally high at 240% of normal. Relative to the market the stock has been weak over the last nine months but has risen 4.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, DLTR is expected to continue to be an important Value Builder.
Dollar Tree has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR's two proprietary measures of a stock's attractiveness. Dollar Tree has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 30, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.